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Almonty Industries Inc T.AII

Alternate Symbol(s):  ALMTF

Metals & Mining Copper
Almonty Industries Inc. is a Canada-based company, which is engaged in the mining, processing and shipping of tungsten concentrate, as well as the exploration and evaluation of its projects. The Company operates through four segments: Los Santos Mine, Panasquiera Mine, Valtreixal Project, and Woulfe. The Los Santos Mine is located in Spain whose operations relate to the exploration and mining of Tungsten. The Panasqueira Mine is located in Covilha Castelo Branco, Portugal, whose operations relate to the exploration and mining of tungsten, as well as the production of copper and tin concentrate by-products. The Valtreixal Project is located in Spain whose operations relate to the exploration and evaluation activities of the Valtreixal tin/tungsten project. Woulfe’s properties are located in Gangwon Province, Republic of Korea. The Woulfe's operations relate primarily to the exploration, evaluation and development of the Sangdong Project.


TSX:AII - Post by User

Almonty Industries Inc > LB
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•••
Comment by 5ilverlining808on Dec 05, 2024 7:28am
118 Views
Post# 36346656

RE:RE:LB

RE:RE:LB
TwelveBagger wrote:

Natrav54 wrote: What time our time is LB expected to speak?

 

He just finished 

Expects to be completed in March

Running about 5-6 million over budget but does not need to go back to market to secure more financing

Said that he dealt with the Dundee sell off earlier this year and stresses that we should not worry about the latest bad actor selling off, it will be dealt with and he won't let it cripple our stock price

He is hopeful to see $1 by year end

Expects to have all Moly plans in new releases before Christmas - he's in the final negotiation trying to get a price floor in place 

Anyone else have anything else to correct or add?



Lewis said : 
- "Moly : we wont be surprised where its going, but we will be surprised on what deal we are doing. (floor price ???)
- Kfw : one more draw-doun to do.
- China throwing a wide net to obtain cheaper Tungsten from the West, and asked Almont about supplying Tungsten from Portugal.
- When the 13 IIF is posted there is a on site picture update from 6 days ago to 4 days ago.
- Waste is not wasted as far as tunneling burden goes and it will be processed.
- Roof is on the process plant but one area above the Mills area is open still for installation. (.



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